T-0.1 - Act respecting the Québec sales tax

Section 318.1 Disposition versions

1994-06-17

318.1. Section 318 does not apply to that part of any amount paid or forfeited in respect of the breach, modification or termination of an agreement for the making of a supply where that part is

(1)  an additional amount that is charged to a person because the consideration for the supply is not paid within a reasonable period and is such an amount referred to in section 57;

(2)  an amount paid by one railway corporation to another railway corporation as or on account of a penalty for failure to return rolling stock within a stipulated time; or

(3)  an amount paid as or on account of demurrage.

1994, c. 22, s. 538.